Those are all up-and-coming markets although the Raleigh-Durham area has already seen dramatic price increases.

This would be a big capital expenditure, but would likely drive a 20% increase in NOI and thus an increase in value if the bank were to assess the property based on local Cap rates. - -Joe - regarding your feedback about complying with market rents, are you saying that the NOI for our property might not be as relevant as the current market rental rates for similar properties?

Now I'm looking at bigger deals.My advice is: save as much as you can, increase your earning ability, and invest wisely (real estate is the best way to build wealth)!

Both of them are offered as value-add plays based on a light reno which is supposed to result in rent increases of $115 to $150 per unit.I have my own thoughts on where I want to be in terms of property quality but I wanted to see if any investors local to the area or knowledgeable about the area could offer any opinion on what class these two neighborhoods/areas are and which of them would be more resilient in an economic downturn.

So in their mind, there is potential for increasing rents and that justifies a higher sale value...

To grow successfully you should be surrounding yourself with successful people that share your desire to increase wealth.

Hi I am trying to get a refi through that got a refer on DU, Borrowers score has gone up to 699 from 679 but his 3 tradelines are with same co, at zero bal he has 1 late on tradelinehe is W2 his ratio is about 46% and DTI 80% +.But I cant seem to get a true comp that can lower LTV if the guest house is used and the same goes for the income I am using one from Trulia but it does not include GHthe area goes about $500 per sq ft it would increase the value greatly on that alone

If you invest out of your area you increase your risk and increase your costs. 

Fear isn't bad or something to avoid; conversely, it's something you want to seek and embrace.

I love being a private lender but the fact that it simply increases my taxable income makes me consider shifting some of my note portfolio to multi-family perhaps...You might find this discussion beneficial where similar question is raised: https://www.biggerpockets.com/forums/51/topics/604...Owning notes in your retirement account (especially self-directed Roth IRA or Roth Solo 401k) is ideal since you can have tax-free income for the rest of your life if you utilize one of these vehicles.